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What happened with the PLEX prices? They are over 740 mil

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Mr Epeen
It's All About Me
#21 - 2014-04-12 16:50:48 UTC
Quote:
What happened with the PLEX prices? They are over 740 mil


Ouch!

That's 3,700,000,000 ISKies for me this month. Add in a Fan Fest stream and it's time to sell a JF.

Supply and demand be damned. It might be time for CCP to revisit the whole GTC/PLEX mechanic.

Mr Epeen Cool
Jandice Ymladris
Aurora Arcology
#22 - 2014-04-12 18:03:11 UTC
Had a recent discussion about this ingame, and the upwards curve for PLEX prices is quite noticeable since a month (coincided with shipskin release? ) Add in fanfest and you get a skyward climb of PLEX prices.

Added thing I noticed is that in february alot of people dumpled PLEXes on the market (large volumes sold) causing a small dip in price after. By then the PLEX was close to 700 mill then dropped for a while.

Now it's back sharply on the rise, but strangely, no large volumes are sold. So either people are hoarding their PLEX, gambling on PLEX going even higher (so the few PLEX on market get grabbed fast, causing an higher rise) Or people sold most of their PLEX stock during february (unlikely tbh, CCP did mention there's supposed to be a ton of unclaimed ones)

In short: speculatoers, combined with AUR stuff people want (shipskins) and the Fanfest cause a skyrocket of prices.


Making a preduction, I suspect prices will drop after Fanfest sales are over. (fanfest promotion sucks up quite some plexes)

Providing a new home for refugees in the Aurora Arcology
cynobutt
Science and Trade Institute
Caldari State
#23 - 2014-04-12 18:32:04 UTC
740 is cheap. They have a long way up to go.
Mr Epeen
It's All About Me
#24 - 2014-04-12 18:55:08 UTC
cynobutt wrote:
740 is cheap. They have a long way up to go.


Not hard to tell the people that fund their gameplay with GTCs.

Mr Epeen Cool
Antisocial Malkavian
Antisocial Malkavians
#25 - 2014-04-12 19:18:27 UTC
Just made 1.4 bil and bought my first freighter, thx evil shadow ppl

And, isn't sanity really just a one-trick pony anyway? I mean all you get is one trick, rational thinking, but when you're good and crazy, oooh, oooh, oooh, the sky is the limit.

Sibyyl
Garoun Investment Bank
Gallente Federation
#26 - 2014-04-12 19:34:10 UTC
These PLEX market price pvp tears are entertaining. Almost as much as the freighter/miner gank tears posts.

Joffy Aulx-Gao for CSM. Fix links and OGB. Ban stabs from plexes. Fulfill karmic justice.
Caleb Seremshur
Commando Guri
Guristas Pirates
#27 - 2014-04-12 20:43:19 UTC
Mr Epeen wrote:
cynobutt wrote:
740 is cheap. They have a long way up to go.


Not hard to tell the people that fund their gameplay with GTCs.

Mr Epeen Cool


I used to. Frankly it was an equation between working a second job in game or taking about 20minutes of irl income to fund an entire months worth of activity.

If you want to pretend to be clever about economics then do sit down and realise that there are a lot of people who play this game on a very limited leisure time budget - and I'm one of them. While I haven't PLEXed in a long time I do see it as a convenient way to stay in the game and not ve hamstrung back in to grinding fw plexes for meager profit.
Muestereate
Minions LLC
#28 - 2014-04-12 20:54:27 UTC
Plex are on sale, 10% off Marquee dragon
Fredfredbug4
The Scope
Gallente Federation
#29 - 2014-04-12 21:13:56 UTC
All I can say is that if you are running multiple accounts and can't afford to PLEX them, you are doing something horribly wrong and don't deserve those accounts.

Watch_ Fred Fred Frederation_ and stop [u]cryptozoologist[/u]! Fight against the brutal genocide of fictional creatures across New Eden! Is that a metaphor? Probably not, but the fru-fru- people will sure love it!
Cpt Swagg
Federal Navy Academy
Gallente Federation
#30 - 2014-04-12 21:37:06 UTC
It means more poor people is playing this game.

The more people without money in real life play, the higher PLEX will go.

And with the poor comes the ignorance and stupidity, oh God, eve is doomed..

In no time this universe will be a ghetto.
Mxxpower
Equity Nuclear
#31 - 2014-04-12 21:42:43 UTC
Seeing the price go up 200 million in 1 year has made it easier for me to quit this game permanently. To the people that make the argument it is easier to pay the 15 or 20 bucks to re-sub your account I agree, but no one who plays this game for any length of time has only one account. I am fairly casual, and have several accounts myself. The skill system design requires alts of one sort or another.

This game in no way can justify my paying $60 a month to keep my subs active, and in all honesty, EVE should be a free to play game with perks for paying a sub.

Before PLEX was introduced, EVE was going under. If PLEX price becomes unaffordable it will happen again.

The ability to for the average player to pay for game time by actively playing the game is what saved EVE.
Malcanis
Vanishing Point.
The Initiative.
#32 - 2014-04-12 21:47:44 UTC
Mxxpower wrote:
Seeing the price go up 200 million in 1 year has made it easier for me to quit this game permanently. To the people that make the argument it is easier to pay the 15 or 20 bucks to re-sub your account I agree, but no one who plays this game for any length of time has only one account. I am fairly casual, and have several accounts myself. The skill system design requires alts of one sort or another.

This game in no way can justify my paying $60 a month to keep my subs active, and in all honesty, EVE should be a free to play game with perks for paying a sub.

Before PLEX was introduced, EVE was going under. If PLEX price becomes unaffordable it will happen again.

The ability to for the average player to pay for game time by actively playing the game is what saved EVE.


Who are you talking to? The people who are paying for your subs? Your argument seems to be that they should get less ISK for their money because you want to play for free more easily.

"Just remember later that I warned against any change to jump ranges or fatigue. You earned whats coming."

Grath Telkin, 11.10.2016
Zappity
New Eden Tank Testing Services
#33 - 2014-04-12 21:54:20 UTC
CCP will drop 700 plex (ex-RMT) in the next live event. Just a drop in the bucket at Jita volume, though.

Live event: https://forums.eveonline.com/default.aspx?g=posts&t=336609

Zappity's Adventures for a taste of lowsec and nullsec.
Mallak Azaria
Caldari Provisions
Caldari State
#34 - 2014-04-12 22:07:08 UTC
Doireen Kaundur wrote:
Dear CCP,

Due to the rising prices of Plex, would you please consider an NPC tax cut? The New Eden middle class is struggling.

Sincerely,

A fellow constituent


Middle class players make billions each week. Anyone struggling to buy a PLEX once a month is an indentured servant.

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Malcolm Shinhwa
The Scope
Gallente Federation
#35 - 2014-04-12 22:12:00 UTC
Mxxpower wrote:
Seeing the price go up 200 million in 1 year has made it easier for me to quit this game permanently. To the people that make the argument it is easier to pay the 15 or 20 bucks to re-sub your account I agree, but no one who plays this game for any length of time has only one account. I am fairly casual, and have several accounts myself. The skill system design requires alts of one sort or another.

This game in no way can justify my paying $60 a month to keep my subs active, and in all honesty, EVE should be a free to play game with perks for paying a sub.

Before PLEX was introduced, EVE was going under. If PLEX price becomes unaffordable it will happen again.

The ability to for the average player to pay for game time by actively playing the game is what saved EVE.


Casual people do not have several accounts. Causal people have 1. I'm a freak about EvE and have 2 accounts.

[i]"The purpose of fighting is to win. There is no possible victory in defense. The sword is more important than the shield and skill is more important than either. The final weapon is the brain. All else is supplemental[/i]."
KatanTharkay
Federal Navy Academy
Gallente Federation
#36 - 2014-04-12 22:14:23 UTC  |  Edited by: KatanTharkay
Malcanis wrote:
Who are you talking to? The people who are paying for your subs? Your argument seems to be that they should get less ISK for their money because you want to play for free more easily.

Seeing the trade like this is wrong. What are people actually trading is time (quantifiable) and fun (subjective). For me is time effective and less boring to sell PLEX rather than doing PVE to get ISK.
Note: not talking about PLEX / ISK value: the more the better and the market booms.
Val'Dore
PlanetCorp InterStellar
#37 - 2014-04-12 22:18:45 UTC
Beekeeper Bob wrote:
Gustav Mannfred wrote:
As the title says, the PLEX prices raised in the past few weeks by more then 100 milShocked

Im wondering why that happened and the plexprices contimues raising.



CCP has finally realized that the upsidedown pyramid is not a good business model. Having a smaller number of players buying plex to allow the rest to play for free has to be the worst idea ever.


Are you a Space Democrat by any chance?

Star Jump Drive A new way to traverse the galaxy.

I invented Tiericide
TigerXtrm
KarmaFleet
Goonswarm Federation
#38 - 2014-04-12 22:19:29 UTC
It's interesting to see how, ever since the introduction of PLEX, people have felt entitled to be able to pay for game time with in-game currency, but not be subjected to the supply/demand laws within that same game.

Pay the price or pay for your account with real money. Complaining that something is expensive has never made it cheaper. Ever.

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Val'Dore
PlanetCorp InterStellar
#39 - 2014-04-12 22:21:15 UTC
Mxxpower wrote:
The skill system design requires alts of one sort or another.


Your impatience requires alts, not the skill system.

I for one... have no alts of import.

Star Jump Drive A new way to traverse the galaxy.

I invented Tiericide
Mxxpower
Equity Nuclear
#40 - 2014-04-12 22:23:20 UTC
Malcanis wrote:
Mxxpower wrote:
Seeing the price go up 200 million in 1 year has made it easier for me to quit this game permanently. To the people that make the argument it is easier to pay the 15 or 20 bucks to re-sub your account I agree, but no one who plays this game for any length of time has only one account. I am fairly casual, and have several accounts myself. The skill system design requires alts of one sort or another.

This game in no way can justify my paying $60 a month to keep my subs active, and in all honesty, EVE should be a free to play game with perks for paying a sub.

Before PLEX was introduced, EVE was going under. If PLEX price becomes unaffordable it will happen again.

The ability to for the average player to pay for game time by actively playing the game is what saved EVE.


Who are you talking to? The people who are paying for your subs? Your argument seems to be that they should get less ISK for their money because you want to play for free more easily.


Your reading comprehension must be off, Nice diversion though calling people that plex their accounts thief's, robbing those poor souls with barely enough disposable real money to buy extra plex to convert to isk.. We 're taking fantasy sandwiches right out of the mouths of those poor avatars because we won't buy their PLEX.

You are right of course, plex should be at least 4 billion isk to keep the poor avatars fed. it would be great for business for about a month.